Nippon Television to Acquire Hulu Japan

Hulu has announced, via its blog, that Nippon Television Network Corporation will acquire its Japan based service once the acquisition deal closes. No terms of the deal were revealed by either company, though Hulu did announce that the technology of its service, along with is brand, will be licensed to Nippon Television for use. Customers should see no interruption to the streaming service, as the transition is meant to be a seamless experience. Hulu also noted that Nippon Television will be taking over the management of the business in Japan, and will inherit the daily operation of the Hulu Japan website. Nippon TV will eventually add its own content to the website, though more details are set to be announced in the future.